Sinkang Industries Co (TPE:2032) Days Sales Outstanding : 46.21 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Sinkang Industries Co Days Sales Outstanding?

Sinkang Industries Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$338 Mil. Sinkang Industries Co's Revenue for the three months ended in Mar. 2024 was NT$667 Mil. Hence, Sinkang Industries Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.21.

The historical rank and industry rank for Sinkang Industries Co's Days Sales Outstanding or its related term are showing as below:

TPE:2032' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.49 Med: 37.46 Max: 42.35
Current: 41.13

During the past 13 years, Sinkang Industries Co's highest Days Sales Outstanding was 42.35. The lowest was 34.49. And the median was 37.46.

TPE:2032's Days Sales Outstanding is ranked better than
58.56% of 596 companies
in the Steel industry
Industry Median: 49.815 vs TPE:2032: 41.13

Sinkang Industries Co's Days Sales Outstanding increased from Mar. 2023 (40.20) to Mar. 2024 (46.21).

Sinkang Industries Co Days Sales Outstanding Historical Data

The historical data trend for Sinkang Industries Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sinkang Industries Co Days Sales Outstanding Chart

Sinkang Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

40.76

39.66

35.87

35.57

42.35

Sinkang Industries Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															40.20	40.16	37.46	39.01	46.21

Competitive Comparison of Sinkang Industries Co's Days Sales Outstanding

For the Steel subindustry, Sinkang Industries Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sinkang Industries Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sinkang Industries Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sinkang Industries Co's Days Sales Outstanding falls into.

Sinkang Industries Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Sinkang Industries Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (347.506	+	316.655)	/	2 )	/	2862.276	*	365
=	332.0805					/	2862.276	*	365
=	42.35

Sinkang Industries Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (316.655	+	358.77)	/	2 )	/	666.893	*	365 / 4
=	337.7125					/	666.893	*	365 / 4
=	46.21

Sinkang Industries Co (TPE:2032) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Sinkang Industries Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Sinkang Industries Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Sinkang Industries Co (TPE:2032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sinkang Industries Co Ltd (TPE:2032) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Da'an Road, Xinzhuang, New Taipei, TWN, 242

Website

https://www.sinkang.com.tw

Sinkang Industries Co Ltd is engaged in the manufacturing, processing, and sale of stainless steel. The firm also involves in Metal wire products manufacturing, Surface treatments and Mechanical equipment manufacturing.

Sinkang Industries Co (TPE:2032) Headlines

No Headlines